Cera Sanitaryware Ltd. — Capital/Financing Update 2025

Jun 5, 2025

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CSL/2025-26/70 5[th] June, 2025

	To, BSE Limited Corporate Relationship Department 1stFloor, New Trading Ring Rotunda Building, P J Towers Dalal Street, Fort, Mumbai – 400001. Scrip Code :532443 ScripID: CERA	To, National Stock Exchange of India Limited Exchange Plaza Bandra Kurla Complex Bandra (East) Mumbai – 400051. ScripCode: CERA

Dear Sir/Madam,

Sub: Compliance under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Reg: Intimation of Vesting of Stock Options under the Cera Sanitaryware - Employee Stock Option Scheme 2024’ (“ESOS 2024” or “Scheme”)

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), we wish to inform that 1496 Employee stock options granted to employees of the Company on 5[th] June 2024 under Cera Sanitaryware - Employee Stock Option Scheme 2024 have completed time-based vesting period of 1 (one) year as per Vesting schedule of the Scheme and are now available for exercise with effect from 5[th] June, 2025.

The disclosure pursuant to Regulation 30 read with Schedule III Part B of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD- 1/P/CIR/2023/123 dated 13[th] July, 2023 is enclosed herewith as Annexure.

Kindly take the same on your records.

Thanking you, For Cera Sanitaryware Limited.

HEMAL JANARDAN SADIWALA Digitally signed by HEMAL JANARDAN SADIWALA DN: c=IN, o=Personal, title=1769, pseudonym=831e288729424ea383d3e6222fd99076, 2.5.4.20=2f1a0a53e3d0c48658014c43dea3989dc59335ec2f1a70b9d67f9e73d4395917, postalCode=380008, st=Gujarat, serialNumber=f2fe036f7fce318ced974ed8837dfa1e1c2da169e5861098ce6b05679d5c9f6e, cn=HEMAL JANARDAN SADIWALA Date: 2025.06.05 18:34:17 +05'30'

Hemal Sadiwala Company Secretary Encl: As above

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	ANNEXURE	ANNEXURE	ANNEXURE
S.N.	Particulars		Details
1	Name of Scheme		Cera Sanitaryware - Employee Stock Option Scheme 2024’ (“ESOS 2024” or “Scheme”)
2	Brief details of options granted		14,950 (Fourteen Thousand Nine Hundred Fifty) Options granted to the eligible employees of the Company on 5th June, 2024(Grant I).
3	Whether the scheme is in terms of SEBI(SBEB)Regulations, 2021		Yes
4	Total number of shares covered by these options		14,950 (Fourteen Thousand Nine Hundred Fifty) Equity Shares of face value of Rs. 5/- each of the Company
5	Pricing formula		The exercise price per such Option shall be the face value of the Shares of the Company.
6	Option Vested		1496 options vested with effect from 5thJune, 2025. (On 1stanniversary from the date of grant i.e. 10% of 14950 Optionsgranted on 5thJune, 2024)
7	Time within which option may be exercised		The exercise period for vested Options shall be a maximum of 5 (Five) years commencing from the relevant date of vestingof Option
8	Option exercised		Not applicable at this stage
9	Moneyrealized byExercise of options
10	The total number of shares arising as a result of exercise of option
11	Option lapsed
12	Variation of terms of options
13	Brief details of significant terms		The grant of Options is based upon the eligibility criteria as mentioned in the Scheme. Upon a valid exercise of a vested option by a participant, each vested option will entitle the eligible employee to 1 (one) fully paid up equity share of the Company. There shall be minimum Vesting Period of 1 (One) year and not later than maximum Vesting Period of 5 (Five) years from the Grant Date. Every grant of options shall be governed by a vesting schedule, Performance condition as per KPI and such other terms, and detailed in the letter of grant issued to the eligible employee(s) at the time of each grant. VestingSchedule: 1. On 1stanniversary from the date of grant: 10% of Optionsgranted 2. On 2ndanniversary from the date of grant: 15% of Optionsgranted 3. On 3rdanniversary from the date of grant: 15% of Optionsgranted 4. On 4thanniversary from the date of grant: 30% of Optionsgranted 5. On 5thanniversary from the date of grant: 30% of Optionsgranted
			1. On 1stanniversary from the date of grant: 10% of Optionsgranted
			2. On 2ndanniversary from the date of grant: 15% of Optionsgranted
			3. On 3rdanniversary from the date of grant: 15% of Optionsgranted
			4. On 4thanniversary from the date of grant: 30% of Optionsgranted
			5. On 5thanniversary from the date of grant: 30% of Optionsgranted
14	Subsequent changes or cancellation or exercise of such options;		Not applicable at this stage
15	Diluted earning per shares pursuant to issue of equity shares on exercise of options.

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